Efficient while Risk-taking

How does AI affect international economic policy-making?

Authors

  • Yukai Zhu International School of Law and Finance, East China University of Political Science and Law
  • Ruizhe Shi Zhou Enlai School of Government, Nankai University
  • Shiqi Yang School of International Pharmaceutical business, China Pharmaceutical University
  • Xingyu Zhou School of Finance, Southwestern University of Finance and Economics
  • Ruicheng Ma School of Economics, Jilin University

DOI:

https://doi.org/10.61603/ceas.v2i1.30

Keywords:

artificial intelligence, policy-making process, economic policy, policy design and implementation, AI ethics

Abstract

This paper provides a broad vision of the role played by AI in the policy-making realm, especially in economic policies. We explore the impact of AI on the means and efficiency of international political and economic policy-making. We employ methods that include the comparison of multiple types of references and form models therefrom, proving feasibility through real-world examples. The main construction of our report is the logic line of background-effect(pros and cons)-limitations, enriched by analyses and examples. Through policy categorisation and data collection, the paper comprehensively analyses the effect of AI in international economic policy-making, and the advantages and characteristics demonstrated thereby. At the same time, this study will tackle the risks of AI use in formulating international economic policies from an ethical perspective, filling a gap in previous research. This study aims to achieve the integration of technology and humanities, algorithms and ethics, which we believe to constitute novel contributions to the field.

Downloads

Published

2024-02-07

Issue

Section

Articles

How to Cite

Efficient while Risk-taking: How does AI affect international economic policy-making?. (2024). Cambridge Explorations in Arts and Sciences, 2(1). https://doi.org/10.61603/ceas.v2i1.30